JPMorgan Hedged Equity Laddered Overlay ETF $HELO is USAdvisors Wealth Management LLC’s 7th Largest Position

USAdvisors Wealth Management LLC lessened its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 28.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,325 shares of the company’s stock after selling 46,348 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 2.5% of USAdvisors Wealth Management LLC’s holdings, making the stock its 7th biggest holding. USAdvisors Wealth Management LLC owned 0.20% of JPMorgan Hedged Equity Laddered Overlay ETF worth $7,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock worth $179,853,000 after buying an additional 200,643 shares during the last quarter. Forvis Mazars Wealth Advisors LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after buying an additional 230,295 shares during the last quarter. Bank of America Corp DE lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock worth $135,392,000 after buying an additional 99,012 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock worth $113,533,000 after buying an additional 248,651 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.2%

Shares of NYSEARCA:HELO opened at $67.88 on Friday. The company has a market capitalization of $4.03 billion, a PE ratio of 25.99 and a beta of 0.59. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $60.29 and a twelve month high of $67.92. The firm has a 50 day simple moving average of $65.93 and a 200-day simple moving average of $66.20.

About JPMorgan Hedged Equity Laddered Overlay ETF

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.